hey read the reading and answer the question and please disregard question 6(need writer 56930…

I need Q2, Q3, Q4, and Q5 completed.
View complete question Name______________________________________ Final Examination FINC 5880 Session 9 Question 5. (20 points) Pontrain Imports will be liquidated. Its current balance sheet is shown below. Current assets are sold for $2,100,000 and fixed assets are sold for $5,000,000. All fixed assets are pledged as collateral for all mortgageI need Q2, Q3, Q4, and Q5 completed. Name______________________________________ Final Examination FINC 5880 Session 9 Question 5. (20 points) Pontrain Imports will be liquidated. Its current balance sheet is shown below. Current assets are sold for $2,100,000 and fixed assets are sold for $5,000,000. All fixed assets are pledged as collateral for all mortgage bonds. Subordinated debentures are subordinate only to notes payable. Trustee costs are $500,000. Sale of current assets 2,100,000 Sale of fixed assets 5,000,000 Trustee costs 500,000 Before Before Default Balance Sheet Default Current Assets 3,000,000 Accounts payable 465,000 Net fixed assets 7,600,000 Accrued taxes 80,000 Accrued wages 95,000 Notes payable 60,000 Total current liabilities 700,000 First-mortgage bonds 2,000,000 Second-mortgage bonds 3,500,000 Subordinated debentures 4,500,000 Common stock 200,000 Retained earnings (300,000) Total assets 10,600,000 Total claims 10,600,000 a. How much will SHs receive? b. How much will mortgage bondholders receive? c. How much will priority creditors receive? d. Identify the remaining general creditors. How much will each receive before subordination adjustment and after adjustment?

View less

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more